[Congressional Record Volume 159, Number 120 (Thursday, September 12, 2013)] [Extensions of Remarks] [Pages E1303-E1304] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] ON THE OCCASION OF SEVENTY-FIFTH ANNIVERSARY OF OPERATIONS OF CREDIT UNION ONE _____ HON. GARY C. PETERS of michigan in the house of representatives Thursday, September 12, 2013 Mr. PETERS of Michigan. Mr. Speaker, I rise today to recognize Credit Union ONE as its employees, executives, members and the communities it serves celebrate seventy-five years of operations. Over its seven-and- a-half decades of business, Credit Union ONE has remained true to its roots in the Southeast Michigan community. Credit Unions are important local financial institutions that know their neighbors and use their unique understanding to serve their communities with the tools that are necessary to grow and prosper. Credit Union ONE was founded in 1938 when fifteen neighbors in Ferndale, Michigan came together to create the Ferndale Co-Op Credit Union, and is a shining example of the strong connection credit unions have to the communities they serve. These concerned neighbors worked together with the shared goal of helping the neighborhoods of Ferndale thrive. With its strong roots in the Greater Detroit region, Credit Union ONE has grown to be one top ten credit unions in Michigan with over 106,000 members--a long way from its humble start in the basement of church in Ferndale. Over the years, Credit Union ONE has substantially expanded the services it offers to its members from its nineteen branches across Michigan, rising to meet their needs [[Page E1304]] with a full range of financial tools to assist members with personal financial planning, home ownership, retirement and small business support services. The key to the success of Credit Union ONE has been its ongoing commitment as an active stakeholder in the well-being of its members and communities across Michigan. As part of its mission Credit Union ONE has partnered with local health care service organizations, including the nationally renowned Barbara Ann Karmanos Cancer Institute of Michigan, to support cancer care and research. Additionally, Credit Union ONE has hosted numerous free fraud/identity theft seminars and financially literacy sessions, as well as workshops for first-time homeowners and financial planning, for both its members and the broader community. As a further benefit to its members, Credit Union ONE offers a scholarship to college-bound high school graduates of their families which can substantially assist a student with the cost of higher education. Furthermore, as part of its dedication to the vitality of Michigan, Credit Union ONE was an official 2010 Census Partner, educating the public on the importance of responding to the Census to maximize the resources available to its community partners across the state. Mr. Speaker, it is with great pride that I recognize Credit Union ONE for seventy-five years of successful operations across Michigan. Throughout its history, Credit Union ONE has been more than just a local member-based financial institution; it has been an important strategic partner for residents, small businesses, and local governments across Michigan that has worked with them to improve their quality-of-life. The success of Credit Union ONE is a success for Michigan, especially the Greater Detroit region where it is based, and I wish its members, employees, and its executive leadership many years of future success. ____________________